who do Van Eck and other ETFs purchase their shares from in that rebalancing move? 900,000 shares in KCN would have been hard to get hold of, I would have thought. And the price usually is nearly identical to the closing price for the day.
it is almost as if the shares come out of thin air.
who do Van Eck and other ETFs purchase their shares from in that...
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Last
$1.62 |
Change
0.020(1.25%) |
Mkt cap ! $417.5M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.66 | $1.59 | $939.6K | 581.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7553 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 5378 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |